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Bernstein Reaffirms Their Hold Rating on Haleon PLC (HLN)

Tipranks - Tipranks - Wed May 13, 10:36PM CDT

Bernstein analyst maintained a Hold rating on Haleon PLC yesterday. The company’s shares closed yesterday at p335.00.

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In addition to Bernstein, Haleon PLC also received a Hold from RBC Capital’s James Edwardes Jones in a report issued on April 29. However, on May 11, Barclays maintained a Buy rating on Haleon PLC (LSE: HLN).

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Based on Haleon PLC’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p2.74 billion and a net profit of p403 million. In comparison, last year the company earned a revenue of p2.78 billion and had a net profit of p303 million

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HLN in relation to earlier this year.

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